Public Pensions Sour on Hedge Funds as Returns Drag

Public pension plans from New Jersey to California are cutting their allocations to hedge funds as low returns and high fees combine to disappoint managers. Bloomberg's Charles Stein reports on "Bloomberg Markets." (Source: Bloomberg)

Hedge Funds Pick the Winners and Losers of the Quarter
49:12 - Hedge fund managers from Dan Loeb to Ken Griffin anointed a new crop of darlings -- and rejects -- in the second quarter. Bloomberg's Simone Foxman has more on "Bloomberg Markets." (Source: Bloomberg)
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